Hermès holds up while luxury goes sideways

While Birkins power Hermès to new highs, investors are left wondering what exactly “solid” means at LVMH

In this week’s Dark Luxury news round-up

• Hermès defies the downturn while LVMH and Kering continue stumbling

• A luxury holding company says the words you never want to hear in finance

• Investors pile hundreds of millions into a fast fashion giant that markets itself as “luxury”

• One luxury executive’s “Pollyanna” view of the industry

• Are Chinese shoppers fuell…